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. >>> now let's go from pizza to baseball. america's greatest pastime is also feeling the pain of the fiscal cliff tax hike. professional baseball players and major league owners in a fever pitch to finalize contract negotiations before year's end. brian shatner steps up to the plate now with that story. >> reporter: the potential for marginal tax rates to go from 35 to 40% is a big deal for major league baseball. i want to put it all in perspective. the minimum salary in major league baseball is just under $500,000 a year. right now we are smack dab in the middle of free agency. it's pretty clear players and agents are trying to get as much money as possible in 2012. just like special dividends we're actually seeing a lot of activity this week. usually baseball only gives big bonuses to draft picks. but on thursday when outfielder b.j. upton signed a $75 million deal with atlanta, what was included? a $3 million bonus. payable, mind you, by december 31st. it absolutely jumps off the page. his former teammate in tampa, evan longoria signed a $100 million extension. including in that 1 millio
their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> 28 days until the country plummets off the tax and fiscal cliff. big tax hikes could be coming for everyone but we see also a drastic reduction in the number of millionaires in the u.s. as a result of this tax cliff. robert frank joins us now with the details. good evening, robert. >> good evening. drastic is right. if we go over the cliff the wealthy will become less wealthy and fewer americans would become wealthy. the u.s. has around 5 million millionaires with a total wealth of $18.8 trillion. next year there are three possible scenarios all of them depend on the cliff. if we go over the live the population of millionaires would drop by 315,000. their fortunes would drop by $240 billion. if we get a deal but bad for the economy the millionaire population would drop by 26,000 millionaires. if we get a deal and the economy grows then millionaire
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